Re: Train Spotters Corner
 

Chiltern main line closed by landslip.

http://www.railnews.co.uk/news/2015/...closed-by.html

Re: Train Spotters Corner
 

350,000 tons need to be removed before it's safe. I think it will be closed for quite a while.

Re: Train Spotters Corner
 

Yes you are right its definitely going to be quite a while before it reopens Stuart.

Terrible news overnight from New York.

http://www.theguardian.com/world/201...ls-six-reports

Now this would be nice.

http://www.railnews.co.uk/news/2015/...-could-be.html

Dawlish closure 'could have cost £1.2 billion'

http://www.railnews.co.uk/news/2015/...have-cost.html

Re: Train Spotters Corner
 

Borders Railway one step closer to opening

http://www.bbc.co.uk/news/uk-scotlan...tland-31413672

Re: Train Spotters Corner
 

Excellent news Stuart.

Re: Train Spotters Corner
 

I see network rails profits are up 39% to over a billion, bit obscene imo, no one minds a company making a profit but milking the public is another thing, especially as the service isn't that great

Re: Train Spotters Corner
 

How is it obscene? The national rail network is in constant need of maintenance and capacity upgrades. We all pay for a certain amount of that via tax, but it is fair that those who use it pay a greater share.

Network Rail is a not-for-profit operation. The "profit" of which you speak is used to fund capital projects which extend and improve the network. There are no shareholders to take a dividend.

Re: Train Spotters Corner
 

The profit is used for whatever the company decides and its obscene, 39% increase in profits mean someones getting screwed and as always it'll be passed on to the little people

Re: Train Spotters Corner
 

No it isn't. Revenue over and above day-to-day spending is reinvested in capital projects to ensure the company meets government performance targets and any other obligations placed on it. It is not free to spend that money on "whatever".

That amount hasn't increased by 39pc by accident. Rail users are deliberately being charged more, and NR is deliberately spending the proceeds on improvements that benefit those rail users. It seems entirely fair to me.

Re: Train Spotters Corner
 

As long as it benefits the Rail user and is to the betterment of the network l see no problem in what NR are doing.

Re: Train Spotters Corner
 

That would explain the 30% increase in delays passengers are enduring and yes it is, the way the company is formed means it can use its own capital for "its own purposes"

http://en.m.wikipedia.org/wiki/Network_Rail

Re: Train Spotters Corner
 

East Coast rail back in private hands.

http://www.bbc.co.uk/news/uk-31680914

Re: Train Spotters Corner
 

Leamington - Banbury section to reopen 3 weeks earlier than expected

Network Rail has confirmed that the railway between Leamington Spa and Banbury will reopen on Friday 13 March - three weeks earlier than originally expected.

http://www.twitlonger.com/show/n_1sl1a9b

Re: Train Spotters Corner
 

That's excellent going as l certainly thought it would take much longer to clear up the huge landslip there.